New Jersey S 4277: Expands child tax credit eligibility to resident taxpayers with children ages six to 11.

Bill Text

S4277 

SENATE, No. 4277 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

INTRODUCED MAY 14, 2026

Sponsored by:

Senator� TROY SINGLETON

District 7 (Burlington)

SYNOPSIS

���� Provides tax credits to certain employers of 
employees less than 18 years old. 

CURRENT VERSION OF TEXT 

���� As introduced.

�� 

An Act providing tax credits to certain employers of 
employees less than 18 years old and supplementing 
P.L.1966, c.113 (C.34:11-56a et seq.), P.L.1945, c.162 (C.54:10A-1 et 
seq.) and Title 54A of the New Jersey Statutes.

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� As used in P.L.��� , 
c.���� (C.������� ) (pending before the Legislature as this bill):

���� �Commissioner� means the 
Commissioner of Labor and Workforce Development.

���� �Employer� means any nongovernmental 
business entity including, but not limited to, a nonprofit organization, a 
corporation, S corporation, limited liability company, partnership, limited 
partnership, and sole proprietorship, and shall include all entities related by 
common ownership or control.

���� �Tax year� means the calendar 
year or fiscal year in which a taxpayer�s gross income tax or corporation 
business tax liability is due and payable.

���� 2.��� a. �There is established 
in the Department of Labor and Workforce Development a program, administered by 
the commissioner, to provide tax credits to employers of employees under the 
age of 18. �The purpose of the program is to provide tax credits to employers 
of employees under the age of 18 to help to offset the cost to the employer of 
any wage increases for those employees caused by the enactment of P.L.2019, c.32 
(C.34:11-56a39 et al.), including the cost to the employer of corresponding 
increases in payroll taxes that employer paid on those workers� wages.

���� b.��� Prior to January 1, 2032, 
an employer of employees under the age of 18 subject to the provisions of P.L 
1966, c.113 (C.34:11-56a et seq.), including the provisions of any fair minimum 
wage order or regulation promulgated pursuant to that act, may apply to the 
commissioner for an award of tax credits under this section. �A tax credit 
allowed pursuant to this section shall be in the amount provided in subsections 
d. and e. of this section against the corporation business tax imposed pursuant 
to section 5 of P.L.1945, c.162 (C.54:10A-5) or the gross income tax imposed 
pursuant to the �New Jersey Gross Income Tax Act,� N.J.S.54A:1-1 et seq., 
whichever of the two taxes is applicable to the employer.

���� c.���� Prior to January 1, 2034, 
an employer of employees under the age of 18 subject to the provisions of P.L 
1966, c.113 (C.34:11-56a et seq.), including the provisions of any fair minimum 
wage order or regulation promulgated pursuant to that act, may apply to the 
commissioner for an award of tax credits under this section. �A tax credit 
allowed pursuant to this section shall be in the amount provided in subsections 
d. and e. of this section against the corporation business tax imposed pursuant 
to section 5 of P.L.1945, c.162 (C.54:10A-5) or the gross income tax imposed 
pursuant to the �New Jersey Gross Income Tax Act,� N.J.S.54A:1-1 et seq., 
whichever of the two taxes is applicable to the employer.

���� d.��� (1) The final amount of 
the tax credit provided to an employer for employees under the age of 18 employed 
by the employer during a tax year shall be a preliminary amount of the tax 
credit, which is the amount by which the wages and payroll taxes which the 
employer is required to pay each employee under the age of 18 the employer 
employs pursuant to P.L.2019, c.32 (C.34:11-56a39 et al.) during the tax year 
exceeds the amount that the employer actually paid for the employee under the 
age of 18 in wages and payroll taxes in the last preceding calendar year (as 
adjusted pursuant to subparagraph (c) of this paragraph), provided that:

���� (a)�� if the number of hours 
worked during the tax year by an employee under the age of 18 employed by the 
employer is equal to the number of hours the employee under the age of 18 
worked for the employer during the last preceding calendar year, then the 
preliminary amount of the tax credit for each of the hours worked shall be in 
the amount that remains after the amount actually paid for the employee under 
the age of 18 in wages and payroll taxes during the last preceding calendar 
year (as adjusted pursuant to subparagraph (c) of this paragraph) is subtracted 
from the amount which is required to be paid for the employee under the age of 
18 in payroll taxes and in wages pursuant to the minimum wage rate which 
applies to the tax year;

���� (b)�� if the number of hours 
worked during the tax year by an employee under the age of 18 employed by the 
employer is greater than the number of hours worked by the employee under 
the age of 18 by the employer during the last preceding calendar year, then the 
preliminary